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cliffs. including hurricane sandy legislation. this is about 20 minutes. >> and here he is. >> with every passing day, the republicans are calling on john banner to guarantee tax cuts to the middle class. today, sen. cornyn will be the second ranking republican next congress. they'll call upon john bennett to the reasonable thing. they will have this below sooner or later. those rates go up by operational luol -- and he said this all, this is true. within three-quarters of the american people including 61% of republicans agree with john corn -- john cornyn that they cannot be held hostage were giveaways to billionaires. the only question is how much the trust's sole class families and how much they will have to endure during this process. many other pieces of business critical to middle-class families that we will be working on if we resolve the fiscal cliffs. they are waiting and waiting for the press conferences, and reality will set in. and it hasn't yet. he is ignoring the points of the a
cliffs. including hurricane sandy legislation. this is about 20 minutes. >> and here he is. >> with every passing day, the republicans are calling on john banner to guarantee tax cuts to the middle class. today, sen. cornyn will be the second ranking republican next congress. they'll call upon john bennett to the reasonable thing. they will have this below sooner or later. those rates go up by operational luol -- and he said this all, this is true. within three-quarters of the...
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. >>> is john boehner packing his parachute to jump off the fiscal cliff or will he figure it out? it's thursday, december 13th, and this is "now." i'm joy reid filling in for the lovely alex wagner. msnbc political analyst and editor at large at salon.com and also my pal joan walsh politico senior political editor maggie haberman and time assistant managing editor rona. with christmas less than two weeks away it's seeming more likely that america will see santa claus before it sees a deal on the fiscal cliff. the house majority and minority leaders issued a clear message today and yesterday don't book your plane tickets. >> we don't know if we would be home for the rest of hanukkah or christmas. let's really get real about this if we're going to have a solution, and let's stay here and sit at that table. >> we've said we're committed to staying here. we're going to stay here right up until christmas eve throughout the time and period before the new year. >> there are no talks scheduled today between the president and house speaker boehner. meanwhile, fed chairman ben bernanke, the
. >>> is john boehner packing his parachute to jump off the fiscal cliff or will he figure it out? it's thursday, december 13th, and this is "now." i'm joy reid filling in for the lovely alex wagner. msnbc political analyst and editor at large at salon.com and also my pal joan walsh politico senior political editor maggie haberman and time assistant managing editor rona. with christmas less than two weeks away it's seeming more likely that america will see santa claus before...
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economy falls off the so-called fiscal cliff, house speaker john boehner says he and the president are still not close to reaching any kind of a deal. >> the president's plan to avert the fiscal cliff still does not meet the two standards that i laid out today after the election. his plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and his plan does not begin o solve our debt crisis. it actually increases spending. the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are placed in jeopardy. >> gretchen: so with both sides still hung up over tax hikes and spending cuts, can they come it a consensus in time to avert going off the cliff? let's ask texas congressman jeb hensarling who joins me live this morning. good morning to you. >> good morning. how are you? >> gretchen: doing just fine, thank you so much. it's interesting because it appears from john boehner that the president isn't budging on the spending cuts. yet i want to point you in the direc
economy falls off the so-called fiscal cliff, house speaker john boehner says he and the president are still not close to reaching any kind of a deal. >> the president's plan to avert the fiscal cliff still does not meet the two standards that i laid out today after the election. his plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and his plan does not begin o solve our debt crisis. it actually increases spending. the longer...
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a rare look inside their fiscal cliff negotiations. >>. >> bl those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficu
a rare look inside their fiscal cliff negotiations. >>. >> bl those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all...
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falls off the fiscal cliff, speaker john bain ser slamming the brakes on any hopes a deal is coming soon, making it clear both sides have differences. second in command, eric cantor warning members n to make any plan for holidays, and kevin brady of texas, vice chairman of joint economic committee, thank you, are we still that far apart? >> you know we are. i started optimistic to get this done before the holidays, but, i don't feel that way, it seems to me the decision has been made, perhaps by white house to take us off this fiscal cliff. i think this is irresponsible to do it we're ready to work out a reasonable sound solution but i do not see that coming from the other side right now. tracy: is it because there is so much going on behind scenes. they think there is a lot of secret wheeling and dealing with john boehner and the president do you agree? >> i do not, i think he -- they have been sporadic talks, i know speaker boehner has been frustrated with how slow the responses have been. again, you know, not just tax rates it is authentic spending cuts, if we don't find a way to face
falls off the fiscal cliff, speaker john bain ser slamming the brakes on any hopes a deal is coming soon, making it clear both sides have differences. second in command, eric cantor warning members n to make any plan for holidays, and kevin brady of texas, vice chairman of joint economic committee, thank you, are we still that far apart? >> you know we are. i started optimistic to get this done before the holidays, but, i don't feel that way, it seems to me the decision has been made,...
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. >>> most americans say our leaders will keep us from falling off the fiscal cliff 20 days from now. that's according to a news pal. 51% say president obama and congress will cut a deal to prevent automatic tax hikes and spending cuts. john boehner says he still has serious differences with the president after they exchanged new counteroffers apparently and talked on the phone last night. now some house republicans are vowing to work through the holidays to get the deal done. ed henry is live at the white house. that's a motivator i suppose, lose your christmas. >> normally when there is a holiday like that, you're right. this forces them to come to the table. right now they are still pretty far apart. there was a phone call you last night between the president and the speaker. officials on both sides telling me tonight the call was pretty tense because the bottom line is they are still not finding common ground. you listen to the speaker today, jay carney from the white house podium, they're still saying that they're farther apart on both spending cuts and tax increases. take a list
. >>> most americans say our leaders will keep us from falling off the fiscal cliff 20 days from now. that's according to a news pal. 51% say president obama and congress will cut a deal to prevent automatic tax hikes and spending cuts. john boehner says he still has serious differences with the president after they exchanged new counteroffers apparently and talked on the phone last night. now some house republicans are vowing to work through the holidays to get the deal done. ed henry...
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house speaker john boehner warns house members not to make plans for the holidays as the fiscal cliff is at a stand still. he and the president have serious differences. we will get reaction from the white house and talk with senator robert menendez and labors pay back plan and reports labor unions have a large offensive setting sights on key republican governors. they have the staff to get ready for the fight ahead. they have the hit list. get. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. they see more than themselves. look in the mirror, so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities.
house speaker john boehner warns house members not to make plans for the holidays as the fiscal cliff is at a stand still. he and the president have serious differences. we will get reaction from the white house and talk with senator robert menendez and labors pay back plan and reports labor unions have a large offensive setting sights on key republican governors. they have the staff to get ready for the fight ahead. they have the hit list. get. well, we worked hard for those benefits. we...
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what do you tell john boehner about negotiations to avert the fiscal cliff. >> the public spoke with this election. the republicans lost. and that means that they need to be the ones to come to the table, and they need to demonstrate that they can compromise. i don't think there is any question that this president has attempted over and over and over again to come to the table to compromise, you know, cut $1.6 trillion, you know, out of the budget cuts when the republicans held these guys up with the debt ceiling debate this last year 2011. for boehner, you know, where i feel he is losing credibility, one is by being, you know, beaten up by eric can'tor, two by refuse to go put up specifics and saying to the president of the united states you need to put up spending cuts. on needs to show leadship. >> without question. without question >> bill: you are right. that was the romney plan. the american people have spoken. they wanted the obama plan. >> his respect and popularity would go through the roof. >> president jim hoffa next. >> this is "the bill press show." [ music ] every day p
what do you tell john boehner about negotiations to avert the fiscal cliff. >> the public spoke with this election. the republicans lost. and that means that they need to be the ones to come to the table, and they need to demonstrate that they can compromise. i don't think there is any question that this president has attempted over and over and over again to come to the table to compromise, you know, cut $1.6 trillion, you know, out of the budget cuts when the republicans held these guys...
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. ♪ >>> producer john tower, we have our replacements for fiscal cliff. please only read the clean ones. >> jason writes, money boo boo. calvin, pricey precipice. i like this one. allen, monetary manhole. >> monetary manhole. we're getting stripper names and other categories we don't want to get into. great show, everyone. "morning joe" starts right now. > ♪ and i'm free ♪ free falling >>> you know, it's a special time of the year. we've been looking forward to it for months now. and everywhere you go, you can see the twinkle in little children's eyes because they know that in just a few short weeks, ♪ the fiscal cliff is coming to town ♪ merry cliffmas. and with a dramatic name like fiscal cliff, it's got to be exciting. jim? >> the president's asking for $1.6 trillion in revenue. >> $600 billion in tax hikes. >> entitlement reform. >> dividends and capital gains. >> discretionary spending. [ cheers and applause ] >> i'm up. what happened? is it over? [ bleep ] >>> good morning. it's wednesday, december 12th. look at that shot of new york city. >
. ♪ >>> producer john tower, we have our replacements for fiscal cliff. please only read the clean ones. >> jason writes, money boo boo. calvin, pricey precipice. i like this one. allen, monetary manhole. >> monetary manhole. we're getting stripper names and other categories we don't want to get into. great show, everyone. "morning joe" starts right now. > ♪ and i'm free ♪ free falling >>> you know, it's a special time of the year. we've been...
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talks continue on capitol hill to avoid the fiscal cliff. but where is it all going? house speaker john boehner went to the floor and spoke about his meeting with president obama for the first time. boehner and the president sat down over the weekend. boehner says the meeting was nice and cordial but went on to attack the president's offer on spending cuts. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> boehner and his far right caucus may find the offer unacceptable, but president obama has put a lot on the table. nancy pelosi hit back at boehner's rhetoric today. >> the fact is, the president has and democrats agree, to $1.6 trillion cuts. where are the cuts? in bills that you, mr. speaker, have voted for. >> pelosi
talks continue on capitol hill to avoid the fiscal cliff. but where is it all going? house speaker john boehner went to the floor and spoke about his meeting with president obama for the first time. boehner and the president sat down over the weekend. boehner says the meeting was nice and cordial but went on to attack the president's offer on spending cuts. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced...
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the fiscal cliff deal to president obama. let's go right to rich edson for more on this breaking story. rich? >> aidesay this is an exchange of partia proposals to try to get the ball moving a little bit after some type of impasse over the last few days. this is basically an offer that the houseepublicans say they have just sent to the white house but there are still major difference ares here. this is from a boehner spokesperson saying the longer the white house slow-walks this process the closer our economy gets to the fiscal cliff. there is major business lobbyist out there telling us right now the discussions are focusing on process. how do to it. not necessarily substance. so there are no details on what these offers exactly state. they're not even really getting out on capitol hill right now. so we're still watching it to maintain. again you've got the exchange of partial offers at least coming out of the white house and from house republicans but they still remain fairly far apart. melissa: rich, you have been right in
the fiscal cliff deal to president obama. let's go right to rich edson for more on this breaking story. rich? >> aidesay this is an exchange of partia proposals to try to get the ball moving a little bit after some type of impasse over the last few days. this is basically an offer that the houseepublicans say they have just sent to the white house but there are still major difference ares here. this is from a boehner spokesperson saying the longer the white house slow-walks this process...
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there is word of possible progress in the fiscal cliff standoff. officials say president obama and the house speaker john boehner talked by phone tonight after each put new offers on the table. we are live in d.c. with the late breaking details on that. plus, we're getting more new reports from portland, oregon where there has been a series of shootings at the clackman's center mall. we can now report that multiple witnesses are saying to multiple television stations that a gunman had a rifle that more than 60 shots were fired and this is new. he was trussed in camo and wearing a mask and to the best of our knowledge, he is still in there somewhere. continuing breaking news coverage after this. ory keeps c. ory keeps c. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like naturalrains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain f
there is word of possible progress in the fiscal cliff standoff. officials say president obama and the house speaker john boehner talked by phone tonight after each put new offers on the table. we are live in d.c. with the late breaking details on that. plus, we're getting more new reports from portland, oregon where there has been a series of shootings at the clackman's center mall. we can now report that multiple witnesses are saying to multiple television stations that a gunman had a rifle...
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first, house speaker john boehner sent a counteroffer to president obama to fend off the fiscal cliff. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the phone. white house folks say there's a sign of movement. a senior house aide says the white house reduced the demand for tax revenue increases from $1.6 trillion to $1.4 trillion, well short of the latest republican offer of $800 billion, though, there is another offer on the table from republicans that the details are unknown. boehner spokesman says we acceptability the white house a counteroffer to achieve reform to solve the crisis. we're still waiting for the white house to identify which spending cuts the president is willing to make as part of the balanced approach. fox news is reporting senio
first, house speaker john boehner sent a counteroffer to president obama to fend off the fiscal cliff. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on...
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. >> ruth, let me ask you about the fiscal cliff because within the hour john boehner was on the floor and said his meeting was nice. >> cordial. >> where are the cuts? both sides saying that the other has not been specific enough about what they're willing to put on the table. the calendar now is the real enemy. they have to get some kind of outline together or else it's going to be a legislative agreement to create another commission and tregers down the road, and that is going to freak the markets. >> we'll see how freaked the markets get. you may have better insight into that than i do. also, it's not just the calendar is an enemy. the desire to have the other side take the leap first is the enemy, and also, i think keep your eye on the debt ceiling. the president's desire to wrap this in the republicans desire to kick that can down the road and have perhaps more leverage in later debt ceiling negotiations could end up also being something that makes it very difficult to reach closure here by the time we all want to go away for the holiday. >> you can say that again. ruth marcus, t
. >> ruth, let me ask you about the fiscal cliff because within the hour john boehner was on the floor and said his meeting was nice. >> cordial. >> where are the cuts? both sides saying that the other has not been specific enough about what they're willing to put on the table. the calendar now is the real enemy. they have to get some kind of outline together or else it's going to be a legislative agreement to create another commission and tregers down the road, and that is...
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cliff. let's get you updated on the market as we do every 15 minutes, stocks now. let's go to the floor of the new york stock exchange. the market having a good day today. nicole: indeed. we have been over the 13,300 mark but still holding onto stellar games, lori and melissa. so up triple digits up 110 points so really is a nice showing. 28 of the 30 dow components in the green. we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top. talking about their expectations of ben bernanke. nicole: would even throw out the idea of stimulus? that helped things alon
cliff. let's get you updated on the market as we do every 15 minutes, stocks now. let's go to the floor of the new york stock exchange. the market having a good day today. nicole: indeed. we have been over the 13,300 mark but still holding onto stellar games, lori and melissa. so up triple digits up 110 points so really is a nice showing. 28 of the 30 dow components in the green. we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language...
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. >> the house speaker, john boehner, is speaking now on the house floor regarding the fiscal cliff. let's take a listen. >> beyond 1:50 p.m. today. >> the speaker of the house for five minutes. >> the speaker, last week republicans made a serious offer to avert the fiscal cliff, and most of it was based on testimony given last year by president clinton's former chief of staff erskine bolles. as he said on sunday, we have to cut spending. well, he is right. washington has a spending problem. let's be honest, we're broke, and the plan that we've offered is consistent with the president's call for a balanced approach. a lot of people know that the president and i met on sunday. it was a nice meeting. cordal. we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. here's what we do know. we know that the president wants
. >> the house speaker, john boehner, is speaking now on the house floor regarding the fiscal cliff. let's take a listen. >> beyond 1:50 p.m. today. >> the speaker of the house for five minutes. >> the speaker, last week republicans made a serious offer to avert the fiscal cliff, and most of it was based on testimony given last year by president clinton's former chief of staff erskine bolles. as he said on sunday, we have to cut spending. well, he is right. washington...
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john boehner taking fiscal cliff talks and that is raising hopes among traders. cheryl: we are going to take a look at what is beyond the fiscal cliff even of washington save the country from going over that cliff we have a stock panel that has lots of worries and a bit of hope that. dennis: which makes some buzz codes when the dow is up 111. michigan's capital and besieged as protests over the right to work legislation has taken an ugly turn. we are live. cheryl: never know what is going to happen with jeff flock covering that story. we're coming up on the top of the hour. stocks every 15 minutes and nicole petallides on the floor of the stock exchange with a nice triple digit gain. nicole: what a gain on wall street. we have three straight weeks of gains to new recent highs. looking at 13,300 on the dow jones industrial, that is good and the s&p 500 calm, holding above the 1400 mark. they were worried when we were breaking down below and we are continuing the trend to the upside. one of the reasons is europe, europe has been a break out and the dollar has been
john boehner taking fiscal cliff talks and that is raising hopes among traders. cheryl: we are going to take a look at what is beyond the fiscal cliff even of washington save the country from going over that cliff we have a stock panel that has lots of worries and a bit of hope that. dennis: which makes some buzz codes when the dow is up 111. michigan's capital and besieged as protests over the right to work legislation has taken an ugly turn. we are live. cheryl: never know what is going to...
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over the so-called fiscal cliff stand. for the first time in a while the president has no public events today. on his agenda he has spent the last few weeks as you know on this relentless pr campaign to talk about it. and his lack of a tuesday to do list adds punch to reports like this one in the "wall street journal" with the headline talks take positive turn. >> john boehner, sitting down with the president, seems these two men are getting the job done, from what we hear. >> it is the serious business because they've got to come to a framework at the end of this week if they're going to get it written in time and passed in time so they all don't have to spend christmas in washington. >> that's right,er. wants to get out of town for the holidays. we are book now with our political power panel. msnbc contributor ron reagan and republican strategist. this is where things stand. last night the president's team called boehner, asked for more details on taxes. boehner's office says that they want more details on spending cuts.
over the so-called fiscal cliff stand. for the first time in a while the president has no public events today. on his agenda he has spent the last few weeks as you know on this relentless pr campaign to talk about it. and his lack of a tuesday to do list adds punch to reports like this one in the "wall street journal" with the headline talks take positive turn. >> john boehner, sitting down with the president, seems these two men are getting the job done, from what we hear....
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boehner just took the floor in talking about the fiscal cliff. let's listen in. >> mr. speaker, i rise today to recognize victor dhi dhi qar lor receiving -- jenna: well, maybe i jinxed things. [laughter] i was told that he was speaking on the floor. we saw him come up, but sometimes they need to do a few different orders of business before they actually get to the topic, so i apologize for charlie gasparino who was giving us an overview of where we really stand here in the financial system, and that does play into this fiscal crisis, because one of the big questions with the fiscal cliff crisis or negotiations is how big of an impact will it really be to this economy overall, ours and the global economy? so as we continue to watch the business on the floor of the house, we'll bring you back there when speaker boehner does, indeed, address the fiscal cliff. rick: overseas now, and we're going to move to cairo, egypt, where egypt's army is begin bracing for -- again bracing for more protests after the showdown intensifies. many egyptians are afrai
boehner just took the floor in talking about the fiscal cliff. let's listen in. >> mr. speaker, i rise today to recognize victor dhi dhi qar lor receiving -- jenna: well, maybe i jinxed things. [laughter] i was told that he was speaking on the floor. we saw him come up, but sometimes they need to do a few different orders of business before they actually get to the topic, so i apologize for charlie gasparino who was giving us an overview of where we really stand here in the financial...
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cliff talks go sour, that john boehner might have a challenge for his speaker post. do you agree with that? >> i think speaker boehner is extremely strong in his position. he's been very, very smart, including the republican leadership, in his negotiations. while it's just him and president obama, he has them inside the room before he goes and meets with the president, he talks to them and they reflect the views of the entire conference. the key here with the entire deal is that the devil is in the details. once these details come out, it's going to take arm-twisting by both sides. it's going to take calls from the president and democrats. it's going to take the speaker to make sure republican conference members are falling into line and that's where we're going to see, when the rubber meets the road, if this deal can get done. remember, you know, health care reform by the president passed on december 24th. so we do have a president there just going right up to christmas. and if it doesn't happen at christmastime, they'll be coming back before the new year. and i'm a
cliff talks go sour, that john boehner might have a challenge for his speaker post. do you agree with that? >> i think speaker boehner is extremely strong in his position. he's been very, very smart, including the republican leadership, in his negotiations. while it's just him and president obama, he has them inside the room before he goes and meets with the president, he talks to them and they reflect the views of the entire conference. the key here with the entire deal is that the devil...
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boehner and how he is doing in the fiscal cliff tops. headline is the president and the speaker both press each other. so that the latest in the back and forth on the fiscal cliff talks. the polls out, this is one from gallup. and the new york post shows this poll -- back to our topic, our question, do you support or oppose right-to-work laws? paul in utica, michigan, democrat. caller: i live in suburban detroit. i am a retired union worker, not automotive, by the way. i don't think my union is a thug in any way, but i think it's a sad day for the state of michigan. if the workers in this country cannot look to michigan like they always have, for a decent pay, and i think that is where we are headed, i just think it is a sad day. all the people who voted for these republicans, they are going to get what they asked for. this is what is going on here. i really sad about it. host: the car czar for michigan said it's a choice between your jobs and higher wages or more jobs and lower wages. ay we may end up with lower wages. it is a move in t
boehner and how he is doing in the fiscal cliff tops. headline is the president and the speaker both press each other. so that the latest in the back and forth on the fiscal cliff talks. the polls out, this is one from gallup. and the new york post shows this poll -- back to our topic, our question, do you support or oppose right-to-work laws? paul in utica, michigan, democrat. caller: i live in suburban detroit. i am a retired union worker, not automotive, by the way. i don't think my union is...
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even yesterday's event was never designed to be a fiscal cliff photo-op. there are very few fiscal cliff photo-ops planned this week. it is serious business. they have to come to a framework at the end of this week if they're going to get it written in time and passed in time so they all don't have to spend christmas in washington. joe, realize, whatever deal they agree to, it will be very fragile and it's likely to include more triggers for the end of next year. so they'll agree to some tax reform. if they can't write it, then say the highest tax rate will move from 37 to 39. on entitlements, they'll agree they have to find a certain amount of money and special commission but if they don't agree to it maybe the eligibility age goes automatically up. they'll be sort of sequester triggers to force the action so the deal whatever they come to will be a fragile agreement. >> haley, let's talk about the position republicans are going to be in. you're going to have republican lawmakers elected in the house with huge majorities being told to support tax hikes wh
even yesterday's event was never designed to be a fiscal cliff photo-op. there are very few fiscal cliff photo-ops planned this week. it is serious business. they have to come to a framework at the end of this week if they're going to get it written in time and passed in time so they all don't have to spend christmas in washington. joe, realize, whatever deal they agree to, it will be very fragile and it's likely to include more triggers for the end of next year. so they'll agree to some tax...
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so this weekend is the fiscal cliff. >> gretchen: because it takes a while to write the bills. >> eric: and has to originate in the house and right now, john boehner and president obama are miles apart allegedly. it doesn't look like they're gotting any closer. so it's got to go to the house, then gets sent, assuming it passes, to the senate, gets marked up and has to be agreed upon in committees and conference and then eventually gets signed by the president. >> steve: it just takes time. >> eric: there is a holiday. >> gretchen: somebody who had to handle something similarly about a decade ago was rudy guiliani when he was mayor of new york city. he was faced with a circumstance of do i raise taxes? do i cut spending? do i do a combination of both? he was on hannity last night explaining what he ultimately decided to do. >> i was given a report, report said, you have to raise taxes across the board. said nothing about reducing spending. and i said to myself, i wasn't an economic expert then. i became one after being mayor of new york. and i said, this doesn't make sense. if i raise t
so this weekend is the fiscal cliff. >> gretchen: because it takes a while to write the bills. >> eric: and has to originate in the house and right now, john boehner and president obama are miles apart allegedly. it doesn't look like they're gotting any closer. so it's got to go to the house, then gets sent, assuming it passes, to the senate, gets marked up and has to be agreed upon in committees and conference and then eventually gets signed by the president. >> steve: it...
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house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter shannon travis joins us now live from washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking about negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but w
house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter shannon travis joins us now live from washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking...
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aides to president and john boehner say they're not going to do the fiscal cliff negotiation through the media and they're doing a really good job on trying to keep a tight lid on how the negotiations are going. outside detroit, president obama issued a warning of what may happen if middle class tax rates go up. if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go on a downward spiral. >> reporter: the president met with house speaker john boehner at the white house. their face-to-face meeting in three weeks. neither side would offer any details from the discussion, which may be a good sign of modest progress. but a spokesman for the republican leader said boehner did not back down. his offer to the white house last week is still the gop's position in the fiscal cliff talks. that plan offers a total of $2.2 trillion in deficit reduction over the next decade, including $800 billion in new tax revenue, but no increases on the top 2% of taxpayers. that's where the
aides to president and john boehner say they're not going to do the fiscal cliff negotiation through the media and they're doing a really good job on trying to keep a tight lid on how the negotiations are going. outside detroit, president obama issued a warning of what may happen if middle class tax rates go up. if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go...
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. >> woodruff: now, back to the battle over the fiscal cliff. much of the debate has centered on the question of whether to raise tax rates on high income earners. but many experts are also raising questions as to whether major tax deductions should be limited or even eliminated entirely. the newshour's economics correspondent paul solman was in washington recently to examine the possible impact of such a change. it's part of his ongoing reporting, "making sense of financial news." reporter: at saint martin's catholic church last thursday, they queued up early for clothing and food. the church, like any nonprofit, relies on charitable donations. but limiting or even charitable deductions could be part of a deal to avoid the fiscal cliff. one man of the tax policy center says given our national debt? sort of tax hikes are inevitable. >> one way is to tax the same income we have right now but get more revenue. the alternative is to tax more. get rid of the deductions and the exemptions, the things that reduce or taxable income. we tax more at toda
. >> woodruff: now, back to the battle over the fiscal cliff. much of the debate has centered on the question of whether to raise tax rates on high income earners. but many experts are also raising questions as to whether major tax deductions should be limited or even eliminated entirely. the newshour's economics correspondent paul solman was in washington recently to examine the possible impact of such a change. it's part of his ongoing reporting, "making sense of financial...
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i was concerned about the wheel of misfortune there on the fiscal cliff. >> i'm worried about it, too. but let's talk about that. how much leverage do the republicans have? we know that the president has leverage because elections matter but what kind of leverage do the republicans have? >> i think the president wants to get this taken care of, not worry about a debt ceiling in the future and the republicans with their effort in that debate and some negotiating room for the republicans. they would like to see serious entitlement reforms or a movement in that direction and a system set up to try to do major tax reform. i think some of that may happen. we are seeing some democrats show some willingness to tinker around with medicare and social security perhaps. >> john, we can't top talking about the cliff negotiation that's all we've been talking about lately and i have something to bring to the table about that. keep rolling up right there. we're stuck between clifs and it makes me think about the great outdoors and pictures boehner between a rock and a hard place. i want to bring bac
i was concerned about the wheel of misfortune there on the fiscal cliff. >> i'm worried about it, too. but let's talk about that. how much leverage do the republicans have? we know that the president has leverage because elections matter but what kind of leverage do the republicans have? >> i think the president wants to get this taken care of, not worry about a debt ceiling in the future and the republicans with their effort in that debate and some negotiating room for the...
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he'll be meeting with some autoworkers, asking them to support his plan to avoid the fiscal cliff. yesterday the president invited house speaker john boehner to the white house for their first face-to-face meeting in weeks. neither party releasing any details of what transpired in that meeting. reuters is reporting the house republican offer issued last week, quote, remains the republican offer. speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlements. >> if speaker john boehner ends up with senator corker has just said he is we will get a large agreement. but speaker john boehner hasn't said th
he'll be meeting with some autoworkers, asking them to support his plan to avoid the fiscal cliff. yesterday the president invited house speaker john boehner to the white house for their first face-to-face meeting in weeks. neither party releasing any details of what transpired in that meeting. reuters is reporting the house republican offer issued last week, quote, remains the republican offer. speaker john boehner is still waiting for a new proposal from president obama, that is all uncording...
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there are only three weeks left until the fiscal cliff, but there's signs this morning the stalemate in washington is starting to break. >> and that's good news for both sides of the aisle. president obama and house speaker john boehner met face to face sunday for the first time in nearly a month. major garrett is at the white house with where things stand this morning. >> reporter: speaker boehner has told the white house and his fellow house republicans he wants the outlines of a fiscal cliff deal no later than this saturday. and if that's to be achieved, events of this past weekend may have proved piftal. obama and boehner met here at the white house sunday, and that meeting left both hopeful those subsequent conversations at the staff level achieved little apparent progress. even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boe
there are only three weeks left until the fiscal cliff, but there's signs this morning the stalemate in washington is starting to break. >> and that's good news for both sides of the aisle. president obama and house speaker john boehner met face to face sunday for the first time in nearly a month. major garrett is at the white house with where things stand this morning. >> reporter: speaker boehner has told the white house and his fellow house republicans he wants the outlines of a...
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three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of cuts in entitlement spending. here is some of that from sunday. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> a for honesty but f for effort. you can't get it done, george. you can't take us off the road to bankruptcy unless you deal with structural reforms to entitlement spending. martha: south carolina republican senator lindsey graham, good to have you in studio. >> great to be here. martha: got out of the craziness of washington for couple days. >> my export expires. martha: you'll need one. talk negotiating tactics. does it make sense at this point in the game, what does it do to undercut john boehner's leverage when folks go out there and say we're willing to go book to 39.6%, as bob corker said over the weekend? is it helpful? >> i think it is h
three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of cuts in entitlement spending. here is some of that from sunday. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> a for honesty but f for effort. you can't get it...
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to keep the economy from going over the fiscal cliff. >> all right. then crunch time. we all have the nfl week 14 action. as the the playoff picture starts to come more into focus. >> big, big football weekend right. >>> later, up for auction, a classic piece of casablanca's rich history is being sold 70 years later. i love that story! >> that's a great movie. first, family and friend mourning the loss of jenni rivera, a superstar of latin music. >> the so-called diva rivera had finished a concert and was on the way to another when her small plane crashed. abc's larry jacobs as the story. ♪ >> reporter: bewilderment and sense of loss among jenni rivera's fans in the los angeles area following news of the singer's plane crash in mexico. >> i think pretty devastate ford a lot of people. >> reporter: the mexican-american singing superstar was traveling in a jet early sunday morning when co comptrollers lost contract. mexican official say they have found the wreckage but no survivors. >> right now it is confirmed the plane went down. the plane is totale
to keep the economy from going over the fiscal cliff. >> all right. then crunch time. we all have the nfl week 14 action. as the the playoff picture starts to come more into focus. >> big, big football weekend right. >>> later, up for auction, a classic piece of casablanca's rich history is being sold 70 years later. i love that story! >> that's a great movie. first, family and friend mourning the loss of jenni rivera, a superstar of latin music. >> the...
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the fiscal cliff. both sides say they're keeping the lines of communications open but no word of a break through. >> president obama and house speaker john boehner were behind closed doors trying to break the stalemate that threatens to take the country over the fiscal cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the people and 08% of the bush tax cuts i would get that off the table now. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income owners you cannot generate enough revenue to have meaningful deficit reduction. >> republicans want big spending
the fiscal cliff. both sides say they're keeping the lines of communications open but no word of a break through. >> president obama and house speaker john boehner were behind closed doors trying to break the stalemate that threatens to take the country over the fiscal cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we...
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president obama and john boehner meeting behind closed doors to talk about the economic fiscal cliff and the latest on the negotiations in the financial future of american families and hundreds of people feared dead. victims of a huge storm. the latest on rescue efforts. ♪ but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! ♪ but the fire is so delightful ♪ nothing melts away the cold like a hot, delicious bowl of chicken noodle soup from campbell's. ♪ let it snow, let it snow energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices hel
president obama and john boehner meeting behind closed doors to talk about the economic fiscal cliff and the latest on the negotiations in the financial future of american families and hundreds of people feared dead. victims of a huge storm. the latest on rescue efforts. ♪ but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your...
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how is john boehner performing as fiscal cliff negotiator. there's a petition drive demanding the president and lawmakers resolve the crisis or else. you are watching weekends with alex witt. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be p
how is john boehner performing as fiscal cliff negotiator. there's a petition drive demanding the president and lawmakers resolve the crisis or else. you are watching weekends with alex witt. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. well, having a ton of locations doesn't hurt. and a santa to...
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john, thank you. >>> we're 23 days and counting until the nation falls off the fiscal cliff. president obama and house speaker boehner are going mano e mano in negotiations. >> let's bring in george stephanopoulos. george, i'm going to ask this question until this thing is over. >> we had another week of massive trash-talking, are we closer or further away from getting a deal? >> it's hard to know. but they're not really talking right now. that's what's most incredible. you pointed out that there were speeches all week long. symbolic votes in the senate. lot of brinksmanship. lot of ads on television. less than an hour of actual negotiating. one phone call between john boehner, house peeker and the president. democrats say they're not going to move until the republicans say they're going to be for higher tax rates on the wealthy. and then say what they want in return. in terms of spending cuts for those higher tax rates. the republicans say they aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could
john, thank you. >>> we're 23 days and counting until the nation falls off the fiscal cliff. president obama and house speaker boehner are going mano e mano in negotiations. >> let's bring in george stephanopoulos. george, i'm going to ask this question until this thing is over. >> we had another week of massive trash-talking, are we closer or further away from getting a deal? >> it's hard to know. but they're not really talking right now. that's what's most...
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what's happening in 23 days from now, that of course is the fiscal cliff. it was disheartening to hear john boehner come out yesterday and say we are nowhere near any sort of progress or any sort of outcome. >> we have been talking. >> clayton: we have been having lunch, haven't been talking to the other side. and look we have the countdown clock, 23 days. and republicans are basically saying, look, the president doesn't want to do this, doesn't want to have an agreement. the president though is saying, look, we can get this done. let's listen to the president first. >> when all of this, bypassing a law that prevents a tax like on the first $250,000 of everybody's income, that means 90% of americans and 97% of small businesses wouldn't see their income taxes go up by a single dime and even the wealthiest americans would get a tax cut on the first $250 of their income and families everywhere would enjoy some peace of mind. >> see, the thing is here, republicans think that the president doesn't want to do anything. at the end of the day, if the president dogs
what's happening in 23 days from now, that of course is the fiscal cliff. it was disheartening to hear john boehner come out yesterday and say we are nowhere near any sort of progress or any sort of outcome. >> we have been talking. >> clayton: we have been having lunch, haven't been talking to the other side. and look we have the countdown clock, 23 days. and republicans are basically saying, look, the president doesn't want to do this, doesn't want to have an agreement. the...
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for that, we need a dea to avertthe fiscal cliff. let me know what you think. you can find me on facebook or tweet me. my handle is @ali velshi. have a great weekend. >>> you're in the "cnn newsroom." i'm joe johns. fredricka whitfield is off. u.s. investigators are looking into whether a man detained in egypt played a role in the attacks on the u.s. consulate in benghazi. egyptian authorities have detained muhammad abu ahmed. he's a well known jihadist who was released from prison after the downfall of former president hosni mubarak's regime.diotti i york. what do we know about the arrest of the aleng ledged terrorist suspect? >> he was picked up a couple weeks ago in ejimegyegypt. joous authorities suspect he may have been involved in the consulate attack in benghazi on september 11th that killed chris stephens and three other americans with direct knowledge of the investigation. the u.s. source tells me the fbi which is conducting the investigation, has not had access to him yet. the source says following the attack, ahmed very quickly popped up on their rad
for that, we need a dea to avertthe fiscal cliff. let me know what you think. you can find me on facebook or tweet me. my handle is @ali velshi. have a great weekend. >>> you're in the "cnn newsroom." i'm joe johns. fredricka whitfield is off. u.s. investigators are looking into whether a man detained in egypt played a role in the attacks on the u.s. consulate in benghazi. egyptian authorities have detained muhammad abu ahmed. he's a well known jihadist who was released from...